BullCharts : Welles Wilder Super Trend

Welles Wilder Super Trend : Sorry for the delay response -...

Wed, 09 Dec 2020 14:02:31 +0000

Author: meldeans
Subject: 1040
Posted: 09 Dec 2020 at 2:02pm

Sorry for the delay response - thought i had email notification set on my post but didn't.

Thanks Maximo - works a treat. Really appreciate it.

Welles Wilder Super Trend : It probably doesn't constantly...

Fri, 04 Dec 2020 04:24:31 +0000

Author: maximo
Subject: 1040
Posted: 04 Dec 2020 at 4:24am

It probably doesn't constantly show a 1 or 0 due to the 'undefined' output for changing the line colours.

This similar indicator is easier to adapt. The last line should provide the digital output you're looking for.

{ Stop Trail ATR }
[Target=price]
atrper :=Input("ATR period: ",14);
atrfact:=Input("ATR multiplier: ",2);
loss:=atrfact*ATR(atrper);
trail:=
If(C>PREV and Ref(C,-1)>PREV, Max(PREV,C-loss),
If(CIf(C>PREV, C-loss, C+loss)));
Trail;

{ digital signal: if close is above previous value it's in buy(1) else it's in sell(0) }
direction := if(close>prev,1,0);

Edited by maximo - 06 Dec 2020 at 11:19pm

Welles Wilder Super Trend : Edited by...

Fri, 04 Dec 2020 02:12:19 +0000

Author: maximo
Subject: 1040
Posted: 04 Dec 2020 at 2:12am

Edited by maximo - 06 Dec 2020 at 11:20pm

Welles Wilder Super Trend : Hi,Can anyone help with some issues...

Thu, 26 Nov 2020 15:48:42 +0000

Author: meldeans
Subject: 1040
Posted: 26 Nov 2020 at 3:48pm

Hi,

Can anyone help with some issues I am having with Super Trend indicators?

I am using the indicator to trade long only in SMSF. I only want to take signals when price is trading above the indicator. None of my indicators with my criteria work when i include the code line:

c>Formula("Super Trend Wilders", 3, 30, Wilders, 2).

I have copied this formula I presume off here somewhere as below:

{==== BullScript ====}

[Description="SuperTrend - Max"]

[target=price]

Mult:=Input("ATR Multiplier",3,1);

Nb:=Input("Nb Periods",8,1);

method:=inputma("Method",Wilders);

price:=Input("1=Median, 2=Close",1,1);

TruRan:=ma(ATR(1),Nb,method)*Mult;

HiLimit:=if(price=1,(H+L)/2-TruRan,C-TruRan);

LoLimit:=if(price=1,(H+L)/2+TruRan,C+TruRan);

LB:=If(HiLimit>=PREV and HiLimit

UB:=If(LoLimitC,LoLimit,If(C>PREV,LoLimit+0.1,PREV));

Trend:=if(UB>ref(UB,-1),1,if(LB

[drawundefined=gap]

[Color=lime green]

if(Trend=1 and hist(Trend,1)=-1,LB,if(Trend=-1,UB,undefined));

[Color=red]

if(Trend=-1 ,UB,if(hist(Trend,1)=1 ,LB,undefined));

[Color=lime green]

if(Trend=1 or Trend=0,LB,undefined);

When I display the Super Trend indicator in a pane all of its own so it should show "0" when price below indicator and "1" when above. It only shows "1" when price crosses above when it immediately does not each day that it is true.

Appreciate any help.

Thanks

Dean